The Department of Petroleum and Mineral Resources has confirmed the official fuel prices, effective Wednesday, 4 December 2024.
November’s economic climate saw a combination of increased global diesel prices and a weaker rand compared to October, resulting in a second consecutive month of fuel price hikes.
Motorists and transport operators can expect the following adjustments:
- Petrol (93 and 95): Up by 17c/l
- Diesel (0.05%): Up by 54.88c/l
- Diesel (0.005%): Up by 55.88c/l
- Illuminating Paraffin: Up by 48.88c/l
- LPGAS: Up by 172c/kg
Inland Price Adjustments
| Fuel Type | November Official | December Official |
|---|---|---|
| Petrol 93 | R20.98 | R21.15 |
| Petrol 95 | R21.30 | R21.47 |
| Diesel 0.05% | R18.66 | R19.21 |
| Diesel 0.005% | R18.77 | R19.33 |
| Illuminating Paraffin | R12.87 | R13.36 |
| LPGAS (per kg) | R36.44 | R38.16 |
Coastal Price Adjustments
| Fuel Type | November Official | December Official |
|---|---|---|
| Petrol 93 | R20.19 | R20.36 |
| Petrol 95 | R20.51 | R20.68 |
| Diesel 0.05% | R17.87 | R18.42 |
| Diesel 0.005% | R18.01 | R18.57 |
| Illuminating Paraffin | R11.87 | R12.36 |
| LPGAS (per kg) | R33.48 | R35.20 |
Factors Driving the Increase
According to the Central Energy Fund, international diesel and illuminating paraffin prices rose during November, while petrol prices dropped. However, the depreciation of the rand (R17.93 to the dollar from R17.53 previously) erased any potential relief for petrol users.
Additional adjustments include a net increase in margin adjustments for petrol (15.4c/l) and diesel/paraffin (8.88c/l), effective 4 December.
While this news adds pressure to budgets, efficient fuel use and route planning can help mitigate rising costs. Stay safe out there, SA Truckers!
Do you have more on this story? Click to WhatsApp us. Anonymity guaranteed.
